HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO) on Thursday reported third-quarter net income of $106.3 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Hercules, California-based company said it had net income of $3.64. Earnings, adjusted for non-recurring gains, were $2.33 per share.
The maker of instruments used in biomedical research posted revenue of $632.1 million in the period.
Bio-Rad shares have declined 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $291.53, a fall of 26% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIO at https://www.zacks.com/ap/BIO